Monthly Archives: May 2012

The Wharton Business School at the University of Pennsylvania, Philadelphia in Pennsylvania State of USA is one of the top business schools in the world today. In fact, it was the first American business school. Wharton is a highly respected academic institution for would-be businessmen and entrepreneurs-in-training. It is also the institution of choice for many beginners in business who want to learn from some of the best instructors in the world.

Early history
Wharton Business School began as The Wharton School of Finance and Economy in 1881, actually the first school of business in the world. It was founded by Joseph Wharton, a philanthropist and industrialist in Philadelphia. Wharton had built his empire focusing on industrial metallurgy, running both the Bethlehem Steel Corporation and the American Nickel Company. Continue reading →

Data from the U.S. Department of Energy shows the nation’s energy sector used a record amount of natural gas-fired generation this past February, reports Reuters.

Consumption from natural gas power plants rose 34 percent from a year before in February, as prices lingered at a 10-year low and many utilities began to switch away from coal-fired generation in response to tightening environmental standards.

Through April 10 of this year, the gas-fired power plants consumed an average of 5 billion cubic feet per day more than over the same period last year, Arun Jayaram from Credit Suisse told the news source. Even Southern Company, which traditionally has relied on coal-fired power plants more than most utilities, saw coal fall below natural gas consumption. Continue reading →